Sat, May 04, 2024

Cryptocurrency

Cryptocurrencies on September 25

Bitcoin’s price and its challenges on Wednesday

There are many cryptocurrencies, but the only handful of them are well-known across the world. Bitcoin is the number one digital currency in terms of market capitalization. As a result, investors, analysts, and simply crypto enthusiasts worry about the price of Bitcoin. In this situation, it is not surpassing that when the price falls below …

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Cryptocurrencies on Friday

Digital currencies and legal challenges

The cryptocurrency market is developing. It means that this relatively new business is becoming more popular around the world. Unfortunately, some people take advantage of this factor and are trying to use digital currencies for illegal activities.  However, it does not mean that authorities should ban the cryptocurrencies. Governments should not ban the digital currency …

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Electronic Art: Electronic Arts Headquarters.

Gaming Firm, Electronic Arts: “Invest in Crypto”

  Previously, a U.S. company Electronic Arts, a game producer since 1982, tweeted a concise, but an exciting message. The new slice of mainstream endorsement thrilled the digital coin’s community. Moreover, when Electronic Arts revealed “Crypto” as a character in one of its forthcoming game releases. The message had a double meaning for the several …

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Electronic Art: Electronic Arts (EA) Games headquarters.

Electronic Arts Tweets “Invest in Crypto”

  Recently, a Major gaming studio Electronic Arts (EA) has captured the attention of 20,000 Twitter users. This was after seeming to recommend buying digital coins. Electronic Arts are America and Europe’s second-biggest gaming studio by revenue and market cap. In a tweet on September 19, it said, “Invest in crypto.” The releasing of the statement …

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German: Golden BITCOIN (BTC) cryptocurrency in the pocket of jeans with the flag of Germany

German Nation Goes All Out to Stop Illicit Digital Coins

The German nation recently passed a strategy that handles blockchain and digital coins comprehensively. It also vows against parallel financial systems commenced by corporations. Germany is now doubling down on its idea to stop parallel currencies. This was after agreeing to ban Facebook’s Libra digital coin. German head of government Angela Merkel together with her …

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German: Symbol of law and justice, physical version of Bitcoin and Germany Flag.

German Nation Bans Facebook’s Digital Coins

  On Wednesday, the German nation has forwarded a comprehensive blockchain strategy for prohibiting numerous counts of illicit digital coins. According to news reports, the approach aims to block stablecoins from becoming alternate currencies and threatening state sovereignty. As per the report, Chancellor Angela Merkel’s cabinet approved the strategy. It is in a bid to …

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Kakao: The popular Kakao Talk character Ryan made as a gift shop at little FRIENDS shop.

Kakao’s Digital Coin to Unveil its First Exchange Listing

  Recently, South Korean messaging platform Kakao’s “Klay” token, also known as a local digital coin, has launched Klaytn blockchain. In addition, the company said it is on its way to make its first official trade listing on Upbit’s platform. Upbit is the digital coin exchange, handled by South Korean fintech firm, Dunamu. Moreover, it …

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Facebook, crypto industry and India

Facebook’s Libra Digital Coins Faces Regulators

On Monday, 16th of September, global regulators questioned Facebook regarding its digital coin, Libra. The conference comes after the European Union demonstrated deep concerns about the Libra project and its consequence. The European Union (EU) has indicated concern about Libra being a risk to the European banking and financial system. The hearing was held in …

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Fb.com: Facebook coins new digital money.

Europe Is Prohibiting Facebook’s Libra Digital Coins

  The idea of fb.com (facebook) to introduce its digital coin, Libra, faces inspection. It is some of the world’s largest financial institutions that have ordered the scrutiny. According to the news reports, spokespersons from the Libra Association will come together with representatives from 26 of the world’s central banks in Bazel, Switzerland. This Monday …

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SEC: SEC sign at entrance to DC headquarters building with flags.

SEC to Scrutinize Illegal Conduct of Digital Coins

Previously, the Securities and Exchange Commission (SEC) announced it will pursue inspections of digital coins that are involved in illegal activities. The SEC’s action is against Bitqyck and its founders. It also takes action at the substantial amount of the penalties imposed. This is another indication of the SEC’s enhanced focus on legalizing the development …

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